NOT LISTED FOR SALE

240 Franklin St Unit 7 Cambridge, MA 02139

Cambridgeport Neighborhood

Estimated Value: $1,027,000 - $1,380,000

3 Beds
1 Bath
1,275 Sq Ft
1900 Built

Last Sold May 28, 2015

Last sale price $712,000 $558 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,514/month

Highlights

  • Deck
  • 3-minute walk to Central Square Station
  • Solid Surface Countertops
  • Property is near public transit
  • Wood Flooring
  • 2-minute walk to Carl F. Barron Plaza

About This Home

As of April 2023

Remarkable top floor, three-bedroom apartment located just outside Central Square. Spacious living room with lots of windows to let the natural light in. Large open kitchen features granite countertops, a gas range and plenty of room for more than one chef. Three generously sized bedrooms – master bed with a walk-in, custom closet. Sliding glass doors open to a large private deck with beautiful views of city skyline. Bonus office/den. Spacious bathroom with skylight and marble countertops. In-unit laundry. Located between Harvard University and MIT steps from the Red Line T stop and bus lines. First, last, security and broker's fee.

Last Agent to Rent the Property

Erik Williams

Keller Williams Realty Boston Northwest Listed on: 04/06/2023

Keller Williams Realty Boston Northwest

Last Renter's Agent

Erik Williams

Keller Williams Realty Boston Northwest Listed on: 04/06/2023

Keller Williams Realty Boston Northwest

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,590

Year Built

  • 1900

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Den

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on fourth floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Security Deposit $4,900
  • Property Available on 6/1/23
  • Rent includes water, sewer, snow removal
  • Assessor Parcel Number M:00106 L:0004700007,405162

Community Details

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,590

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-06-01
  • Lease Term: Lease Terms(Fixed),Term of Rental(15)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4900

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 4
  • CoOp Comp: 1/2 month
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood, Flooring - Hardwood
  • Interior Amenities: Den, Foyer, Single Living Level
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Fourth Floor
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Master Bedroom Level: Fourth Floor
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Bathroom 1 Level: Fourth Floor
  • Room Kitchen Level: Fourth Floor
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Recessed Lighting, Slider
  • Laundry Features: Fourth Floor, In Unit
  • Room Living Room Level: Fourth Floor
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Living Area: 1275
  • MAIN LO: BB3298
  • MAIN SO: BB3298

Exterior Features

  • Patio And Porch Features: Deck - Wood
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Heating: Natural Gas, Forced Air, Unit Control
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Highway Access, T-Station, University
  • Rent Includes: Water, Sewer, Snow Removal
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00106 L:0004700007,405162
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1275
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
May 28, 2015
Sold by
Lind 4Th Joseph F and Bearce Caitlin L
Bought by
Richardson Patrick
Seller's Agent
Shawn Flynn
The Dory Group
Buyer's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
List Price
$719,900
Sold Price
$712,000
Premium/Discount to List
-$7,900
-1.1%
Current Estimated Value
$1,153,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,188
Avg. Annual Appreciation
4.68%
Original Mortgage
$569,600
Outstanding Balance
$437,049
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$716,139

Purchase Details

Closed on
Aug 3, 2007
Sold by
Hoffnagle Alison G and Ivcevic Nikica
Bought by
Lind 4Th Joseph F and Bearce Caitlin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Patrick $712,000 --
Lind 4Th Joseph F $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Patrick $569,600
Previous Owner Lind 4Th Joseph F $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2023 04/23/23 Rented $5,000 +2.0% --
04/06/2023 04/06/23 For Rent $4,900 +16.7% --
06/15/2018 06/15/18 Rented $4,200 0.0% --
06/05/2018 06/05/18 Under Contract -- -- --
06/01/2018 06/01/18 For Rent $4,200 0.0% --
05/28/2015 05/28/15 Sold $712,000 0.0% $558 / Sq Ft View Prior Sale
05/01/2015 05/01/15 Pending -- -- --
04/14/2015 04/14/15 Off Market $712,000 -- --
04/09/2015 04/09/15 Price Changed $699,900 -2.8% $549 / Sq Ft
03/26/2015 03/26/15 For Sale $719,900 -- $565 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,590 $880,300 $0 $880,300
2024 $5,226 $882,700 $0 $882,700
2023 $4,918 $839,200 $0 $839,200
2022 $4,857 $820,500 $0 $820,500
2021 $4,754 $812,700 $0 $812,700
2020 $4,513 $784,900 $0 $784,900
2019 $4,320 $727,200 $0 $727,200
2018 $4,192 $666,500 $0 $666,500
2017 $4,154 $640,100 $0 $640,100
2016 $3,767 $538,900 $0 $538,900
2015 $3,724 $476,200 $0 $476,200
2014 -- $436,900 $0 $436,900
Source: Public Records

Agents Affiliated with this Home

  • Erik Williams

    Landlord's Agent in 2023

    Erik Williams

    Keller Williams Realty Boston Northwest

    (617) 504-2021

    27 Total Sales

    Erik Williams
    Section Image
  • Tracy Boehme

    Seller's Agent in 2018

    Tracy Boehme

    Keller Williams Realty Boston Northwest

    (857) 228-3894

    1 in this area

    98 Total Sales

    Tracy Boehme
    Section Image
  • Jake Eddy

    Buyer's Agent in 2018

    Jake Eddy

    Compass

    (802) 779-4705

    8 Total Sales

    Jake Eddy
    Section Image

  • S

    Seller's Agent in 2015

    Shawn Flynn

    The Dory Group

    Section Image
  • Bill Aibel

    Buyer's Agent in 2015

    Bill Aibel

    Coldwell Banker Realty - Cambridge

    (617) 840-6351

    81 Total Sales

    Bill Aibel
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73095658

MLS Property Information Network (MLS PIN)

APN: CAMB-000106-000000-000047-000007

Massachusetts Middlesex County Cambridge 02139 Cambridgeport

240 Franklin St Unit 7, Cambridge, MA

Not Listed for Sale

Condos

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